Amalgamations Group

Company Profile

■URL

http://amalgamationsgroup.co.in/home.html

■Address

861/862, Anna Salai, Chennai- 600 002, Tamil Nadu, India

Business Overview

-The Group is one of India's largest light engineering conglomerates. It consists of 47 companies whose activities fall into one of four categories: manufacturing, trading and distribution, services, and plantations.

-The Group's automotive parts business focuses primarily on engines and engine parts, transmission parts, batteries, and instrumentation.

Main subsidiaries/Joint ventures
Engines and engine parts
-BBL Daido Pvt. Ltd.
-Bimetal Bearings Ltd.
-India Pistons Ltd.
-IP Pins & Liners Ltd.
-IP Rings Ltd.
-Kuduma Fasteners Pvt. Ltd.
-Shardlow India Ltd.
-Simpson & Co. Ltd.
-Stanadyne Amalgamations Pvt. Ltd.
  *In 2016, Stanadyne LLC completed the buyout of 100% shares of the joint venture.
-TAFE Motors and Tractors Ltd. - Engine Division

Transmission parts
-Amalgamations Repco Ltd.
-Amalgamations Valeo Clutch Pvt. Ltd.
-TAFE Motors and Tractors Ltd. - Transmission Division

Batteries
-AMCO Batteries Ltd.
-TAFE - Power Source Division

Automotive instrumentation
-TAFE Access Ltd. - Instruments Division

Products

Engines and engine parts
BBL Daido Pvt. Ltd.
-Engine bearings
-Steel-backed PTFE-based bushings
-Thrust washers

Bimetal Bearings Ltd.

-Engine bearings
-Bushings
-Thrust washers
-Copper alloy powders
-Copper alloy strips
-Aluminum alloy strips

India Pistons Ltd.
-Pistons
-Piston rings
-Cylinder liners
-Ring carriers

IP Pins & Liners Ltd.
-Piston pins for light commercial vehicles, heavy commercial vehicles, and passenger cars
-Rocker arm shafts
-Fuel injection pump components

IP Rings Ltd.
-Piston rings
-Turbocharger rings
-Orbital Cold Formed (OCF) differential gears and pinions
-OCF synchronizer rings
-OCF pole wheels
-OCF rotor shafts
-OCF differential case assemblies

Kuduma Fasteners Ltd.
-High tensile fasteners
-Hex head bolts
-Screws
-Weld nuts
-Cold headed components
-Fuel injection pump barrels

Shardlow India Ltd.
-Single and multi-cylinder crankshafts
-Connecting rods
-Piston crowns
-Pinion shafts
-Cluster gear shafts
-Stub axles
-Steering knuckles
-Axle beams
-Valve bodies
-Valve stems

Simpson & Co. Ltd.
-Diesel engines

Stanadyne Amalgamations Pvt. Ltd.
*In 2016, Stanadyne LLC completed the buyout of 100% shares of the joint venture.
-Fuel injection pumps
-Injectors
-Fuel filters
-Rotary pumps
-Diesel common rail systems
-Gasoline direct injection systems

TAFE Motors and Tractors Ltd. - Engine Division
-Diesel engines

Transmission parts
Amalgamations Repco Ltd.
-Clutch driven plates
-Coil spring lever type clutch cover assemblies
-Diaphragm spring clutch cover assemblies

Amalgamations Valeo Clutch Pvt. Ltd.
-Clutch assemblies
-Clutch release bearing assemblies
-Dual mass flywheels
-Hydraulic clutch release systems

TAFE Motors and Tractors Ltd. - Transmission Division
-Gears
-Shafts
-Housings

Batteries
AMCO Batteries Ltd.
-Polypropylene batteries

TAFE - Power Source Division
-Lead acid batteries

Automotive instrumentation
TAFE Access Ltd. - Instruments Division
-Instrument clusters
-Gauges
-Sensors
-Switches

History

1938 Established as a holding company for six companies
1940 Simpson & Co. Ltd. was established.
1949 India Pistons Ltd. was established as the Group's first venture for manufacture of auto components at Sembiam, a suburb of Chennai.
1955 Amco Batteries was established.
1960 Shardlow India was established in collaboration with Ambrose Shardlow, U.K.
1961 Bimetal Bearings Ltd. was established in collaboration with Clevite Corporation, U.S. and Repco Ltd.
1962 Indiapistons-Repco was established in association with Repco of Australia.
1967 Amalgamations Repco Ltd. was established
1991 IP Rings was established in technical collaboration with Nippon Piston Rings Co., Ltd. of Japan.
1994 IP Power Cylinder Systems Ltd, a wholly-owned subsidiary of India Pistons Ltd., was established.
2001 BBL Daido is established as a joint venture between Bimetal Bearings Ltd. and Daido Metal Co., Ltd, with equity participation by Simpson & Co., Ltd., Bimetal Bearings Ltd., and Daido Metal Co., Ltd.
2001 Stanadyne Amalgamations Pvt. Ltd. was established as a joint venture between Stanadyne Corporation, US and Amalgamations Pvt. Ltd.
Nov. 2007 India Pistons Ltd. entered into a joint venture agreement with MAHLE GmbH.
2014 Divested MAHLE IPL Ltd. to its joint venture partner, MAHLE GmbH.
2016 Divested Stanadyne Amalgamations Pvt. Ltd. to its joint venture partner, Stanadyne LLC.

Supplemental Information 1

Archives of Past Exhibits

Note: A figure in brackets ( ) indicates a loss